I am not heavily in debt. Although I do have debt almost like everyone else. There is good debt and bad debt and basically in bad debt, you lose money and in good debt, it is debt that makes you more money.
My wife has bought the book, The ABC’s of Getting Out of Debt
and it is a very good book. This book is by Garrett Sutton whom I have already read his other book, Own Your Own Coporation which is equally good. The ABCs of Getting Out of Debt was a book made for people heavily in bad debt and is having problems paying for this debts. But I still find the book very informative even for the people without much debt and learn how to manage debt even better. It teaches you many ways to lower debt, teaches you to plan for a payment plan and ever possible teach you how to choose the right credit cards, mortgage and car loans. This book is a must read for anyone with any kind of debt, big or small but wants to save a lot and maximize what can be done with debt.
